Greece should reject the Eurozone’s latest ultimatum
Last Sunday, the people of Greece resoundingly rejected
the creditors’ ultimatum for further self-defeating austerity — but the
message apparently never reached Brussels. By Tuesday night, the
seemingly unimpressed finance ministers of the Eurogroup had already
issued another ultimatum: Prime Minister Tsipras now has 48 hours
to submit a new proposal with far-reaching concessions to obtain a
fresh bailout or “face a banking collapse, a humanitarian emergency, and
the start of an exit from the single currency.”
the creditors’ ultimatum for further self-defeating austerity — but the
message apparently never reached Brussels. By Tuesday night, the
seemingly unimpressed finance ministers of the Eurogroup had already
issued another ultimatum: Prime Minister Tsipras now has 48 hours
to submit a new proposal with far-reaching concessions to obtain a
fresh bailout or “face a banking collapse, a humanitarian emergency, and
the start of an exit from the single currency.”
Basically,
the Eurogroup is acting as if Greece’s historic referendum never took
place. If it wasn’t clear already, they just wanted to emphasize it one
more time: Syriza’s democratic mandate and the wishes of the Greek
people are irrelevant.
the Eurogroup is acting as if Greece’s historic referendum never took
place. If it wasn’t clear already, they just wanted to emphasize it one
more time: Syriza’s democratic mandate and the wishes of the Greek
people are irrelevant.
Just two days after Greek voters rejected their creditors’
ultimatum, Tsipras is given another one. It’s time to follow the
people’s lead and say NO.
ultimatum, Tsipras is given another one. It’s time to follow the
people’s lead and say NO.
